Hero Fincorp Limited — Bonds & AA+ (CRISIL) Rating on senior bonds
NBFC · Financial Services
Verify this issuer →- Current ratings CRISIL AA+
- Rating range All current ratings on senior bonds are AA+ (CRISIL 3 Jul 2026). All current ratings on Tier II / subordinated bonds are AA+ (CRISIL 28 Jun 2026)
- Rating direction, 12 months 0 upgrades, 0 downgrades
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 3 Jul 2026
- Payment record 10 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 5 of 40 active bonds had an exchange trade
- Exchange filings, 90 days 0 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
- 40 active bonds tracked from this issuer.
- 16 of 39 tracked bonds with a stated security status are secured. (based on 39 bonds with a disclosed security status)
- Most recent rating action: update by CRISIL on 30 Sep 2026.
Operating in the Financial Services sector, Hero Fincorp Limited is classified as an NBFC. Bond coupons here span 7.35% - 9.81%, paid annually. The maturity ladder spans 2026 - 2037.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
Thanks — your suggestion has been submitted for review.
Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (7 bonds).
Security Type / Instrument Mix
- NCD 40 bonds · 100% · ₹8,005 Cr tracked
Funding Evolution
Based on 35 of 40 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
- AA 33 bonds · 82%
- Unrated 7 bonds · 18%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | AA+ | — | 8 |
| CRISIL | AA+ | — | 10 |
| ICRA | AA+ | — | 10 |
| CRISIL | AA | — | 3 |
| ICRA | AA | — | 2 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE957N07765 | Hero Fincorp 8.40% Dec 2026 NCD | 8.40% | AA+ (CRISIL, NSDL record 2023) | 2026-12-04 | — | — | |
| INE957N07807 | Hero Fincorp 8.70% Dec 2026 NCD | 8.70% | AA+ (CRISIL) | 2026-12-31 | — | — | |
| INE957N07674 | Hero Fincorp 7.60% May 2027 NCD | 7.60% | AA+ (CRISIL, NSDL record 2022) | 2027-05-04 | — | 2026-08-21 | |
| INE957N07823 | Hero Fincorp 8.42% Jun 2027 NCD | 8.42% | AA+ (CRISIL) | 2027-06-02 | — | — | |
| INE957N07856 | Hero Fincorp 7.80% Jun 2027 NCD | 7.80% | AA+ (CRISIL, NSDL record 2025) | 2027-06-02 | — | — | |
| INE957N08037 | Hero Fincorp 8.52% Jun 2027 NCD | 8.52% | AA+ (ICRA, NSDL record 2017) | 2027-06-18 | — | — | |
| INE957N07849 | Hero Fincorp 7.99% Aug 2027 NCD | 7.99% | AA+ (CRISIL) | 2027-08-06 | — | — | |
| INE957N07815 | Hero Fincorp 8.70% Dec 2027 NCD | 8.70% | AA+ (CRISIL, NSDL record 2024) | 2027-12-31 | — | — | |
| INE957N07872 | Hero Fincorp 8.75% May 2028 NCD | 8.75% | AA+ (CRISIL) | 2028-05-26 | — | — | |
| INE957N07880 | Hero Fincorp Jun 2028 NCD | — | AA+ (CRISIL) | 2028-06-30 | — | — | |
| INE957N07898 | Hero Fincorp 8.40% Jul 2028 NCD | 8.40% | — | 2028-07-31 | — | — | |
| INE957N07906 | Hero Fincorp Sep 2028 NCD | — | — | 2028-09-15 | — | — | |
| INE957N08045 | Hero Fincorp 9.81% Nov 2028 NCD | 9.81% | AA+ (ICRA, NSDL record 2018) | 2028-11-24 | — | 2026-09-08 | |
| INE957N07732 | Hero Fincorp 9.55% Dec 2028 NCD | 9.55% | AA+ (CRISIL, NSDL record 2022) | 2028-12-27 | — | — | |
| INE957N07773 | Hero Fincorp 8.60% Feb 2029 NCD | 8.60% | AA+ (ICRA, NSDL record 2024) | 2029-02-02 | — | — | |
| INE957N07831 | Hero Fincorp 8.22% Jun 2029 NCD | 8.22% | AA+ (ICRA, NSDL record 2025) | 2029-06-28 | — | — | |
| INE957N08052 | Hero Fincorp 8.85% Feb 2030 NCD | 8.85% | AA+ (ICRA, NSDL record 2020) | 2030-02-05 | — | — | |
| INE957N08060 | Hero Fincorp 8.49% Mar 2030 NCD | 8.49% | AA+ (ICRA, NSDL record 2020) | 2030-03-04 | — | — | |
| INE957N08151 | Hero Fincorp 9.20% May 2030 NCD | 9.20% | AA+ (CRISIL) | 2030-05-27 | 8.22% | 2026-11-03 | |
| INE957N08078 | Hero Fincorp 7.65% Dec 2030 NCD | 7.65% | AA+ (ICRA, NSDL record 2020) | 2030-12-11 | — | 2026-07-08 | |
| INE957N07591 | Hero Fincorp 7.35% May 2031 NCD | 7.35% | AA+ (CRISIL, NSDL record 2021) | 2031-05-07 | 9.00% | 2026-10-28 | |
| INE957N08086 | Hero Fincorp 8.65% Jul 2032 NCD | 8.65% | AA+ (ICRA, NSDL record 2022) | 2032-07-16 | — | — | |
| INE957N08094 | Hero Fincorp 8.65% Oct 2032 NCD | 8.65% | AA+ (ICRA, NSDL record 2022) | 2032-10-21 | — | — | |
| INE957N08102 | Hero Fincorp 8.65% Dec 2032 NCD | 8.65% | AA+ (ICRA, NSDL record 2022) | 2032-12-01 | — | — | |
| INE957N07864 | Hero Fincorp 8.09% Mar 2033 NCD | 8.09% | AA+ (CRISIL) | 2033-03-16 | — | 2026-08-13 | |
| INE957N08110 | Hero Fincorp 9.00% Jan 2034 NCD | 9.00% | AA+ (CRISIL, NSDL record 2023) | 2034-01-05 | — | — | |
| INE957N08185 | Hero Fincorp 9.30% Dec 2034 NCD | 9.30% | AA+ (CRISIL, NSDL record 2024) | 2034-12-31 | — | 2026-09-15 | |
| IN8957N08036 | Hero Fincorp 9.10% Jun 2035 NCD | 9.10% | — | 2035-06-04 | — | — | |
| INE957N08193 | Hero Fincorp 9.10% Jun 2035 NCD | 9.10% | AA+ (CRISIL) | 2035-06-04 | 9.10% | 2026-10-08 | |
| INE957N08201 | Hero Fincorp 9.10% Jan 2036 NCD | 9.10% | AA+ (CRISIL, NSDL record 2025) | 2036-01-18 | 9.00% | 2026-11-03 | |
| IN8957N08044 | Hero Fincorp 9.10% Jan 2036 NCD | 9.10% | — | 2036-01-18 | — | — | |
| INE957N08219 | Hero Fincorp 9.10% Jan 2037 NCD | 9.10% | AA+ (CRISIL, NSDL record 2026) | 2037-01-19 | — | 2026-09-01 | |
| INE957N08227 | Hero Fincorp 9.25% Jul 2037 NCD | 9.25% | — | 2037-07-07 | 8.97% | 2026-11-06 | |
| INE957N08144 | Hero Fincorp 9.50% Perpetual NCD | 9.50% | AA (CRISIL, NSDL record 2024) | Perpetual | — | — | |
| INE957N08169 | Hero Fincorp 9.50% Perpetual NCD | 9.50% | AA (ICRA, NSDL record 2024) | Perpetual | — | — | |
| INE957N08128 | Hero Fincorp 9.50% Perpetual NCD | 9.50% | AA (CRISIL, NSDL record 2024) | Perpetual | — | — | |
| INE957N08136 | Hero Fincorp 9.60% Perpetual NCD | 9.60% | AA (CRISIL, NSDL record 2024) | Perpetual | — | — | |
| IN8957N08028 | Hero Fincorp 9.50% Perpetual NCD | 9.50% | — | Perpetual | — | — | |
| INE957N08177 | Hero Fincorp 9.50% Perpetual NCD | 9.50% | AA (ICRA, NSDL record 2024) | Perpetual | — | — | |
| IN8957N08010 | Hero Fincorp 9.50% Perpetual NCD | 9.50% | — | Perpetual | — | — |
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
Last 30 days, across all outstanding bonds from this issuer.
Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.
| Due Date | Bond | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|---|
| 21 Oct 2026 | 8.65% UNSECURED RATED LISTED... | Interest | ₹4,76,00,000.00 | ₹4,76,00,000.00 | Paid | XBRL → |
| 15 Oct 2026 | 9.50% UNSECURED RATED LISTED... | Interest | ₹5,23,00,000.00 | ₹5,23,00,000.00 | Paid | XBRL → |
| 16 Sep 2026 | 8.09% SECURED RATED LISTED... | Interest | ₹3,99,00,000.00 | ₹3,99,00,000.00 | Paid | XBRL → |
| 28 Aug 2026 | 9.50% UNSECURED RATED LISTED... | Interest | ₹8,08,00,000.00 | ₹8,08,00,000.00 | Paid | XBRL → |
| 6 Aug 2026 | 7.99% SECURED RATED LISTED... | Interest | ₹19,18,00,000.00 | ₹19,18,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 33 | 2026-07-03 |
| Rating Actions History | 1 | 2026-09-30 |
| Secondary-Market Trades | 101 | 2026-11-06 |
| Reg52(4) Payment Disclosures | 5 | 2026-10-21 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Hero Fincorp Limited have?
Hero Fincorp Limited currently has 40 active bonds with coupons of 7.35% - 9.81%, maturities spanning 2026 - 2037.
What is Hero Fincorp Limited's credit rating?
The most common current rating on Hero Fincorp Limited's senior bonds is AA+ (CRISIL). Ratings on file come from CRISIL. Other instrument classes: Tier II / subordinated: AA+ (CRISIL).
Are Hero Fincorp Limited's bonds secured?
Of the 39 bonds with a disclosed security status, 16 are secured (41%) and 23 are unsecured.
When do Hero Fincorp Limited's bonds mature?
Hero Fincorp Limited's active bonds mature between 2026 - 2037; the nearest matures in Dec 2026; the average tenure is 4.1 Yrs.
What is the average coupon on Hero Fincorp Limited's bonds?
The average coupon across Hero Fincorp Limited's 40 active bonds is 8.81%.
Disclaimer: This page aggregates publicly available data about Hero Fincorp Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.